Question
7. An LLC must always be taxed like a corporation. True False 8. Data Analytics, LLC, is a limited liability company. Unless the articles of
7. An LLC must always be taxed like a corporation.
True
False
8. Data Analytics, LLC, is a limited liability company. Unless the articles of organization specify otherwise, it will most likely be assumed that the firm is
| a. | member-managed. | |
| b. | manager-managed. | |
| c. | run by an outside professional management group. | |
| d. | an aggregate of member and non-member managers. |
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ISE Managerial Accounting For Managers
Authors: Eric Noreen, Peter C. Brewer, Ray H. Garrison
5th Edition
1260570010, 9781260570014
